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if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very hurtf artful way in which many people heard differently. >> are you willing to accept more revenue if it doesn't mean the bush tax cut has to be rescinded for the wealthy and rises from 35 to 39 percent. if they make the matt work. >> the issue is the math. the starting point should be going back to clinton era rates. then proceeding with tax reform as the speaker may have been talking about if he was generally talking about eliminating revenues to eliminating loopholes. >> let's right now extend the bush tax cut rates for the 98 percent of the people making less than 250,000 dollars. he says i will sign it
if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very...
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speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way to making progress and giving the american people what they wanted from all of their leaders some substantive move forward on the big issues that face the country. taxes and spending are on everyoney mind. >> gop's give on taxes. you think the democrats will play fair on entitlements. >> that is on the agenda democrats recognize it is it not only increasing the revenue. you need a balance. both increase in revenue, but you need a cut in spending. >> you can't ignore the path. if we don't reform entitlements, there is it a country that is broke. as long
speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way...
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Nov 10, 2012
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john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the tax cuts expire. the president and democrats propose a bill to restore the tax cuts to all but the top bracket and the republicans say, no, no, no. we don't want to do that. we have to restore the tax cuts to the rich people. they don't want to be in that situation, they can't let themselves get in that situation. >> which is why, i think you saw john boehner come out pretty aggressively this week and say he's open to a compromise. the key word in his statement and the statement he made before the election was tax rates. he doesn't want to see the rates go up.
john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the...
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Nov 12, 2012
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boehner seemed to be saying i am going to close loopholes and use the revenue. not just growth, but use the re-knew from closing the loopholes to cut the deficit. are you accepting that or not? >> i think that is the formul formula. that is the way we reach agreement. you can close the loophole -- >> chris: it's not the growth. taking the money, tax expenditures through the loopholes and giving, using it as a deficit savings. >> as long as you close the loopholes and limit the deduction, limit credits. formula for a solution. >> real solution. >> chris: senator corker, you have a draft plan you have been circulating to a number of members in the senate. is there a deal here? >> i think there is a deal. the ying and yang of this is we know there has to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that is not willing to contribute more. as long as they know we the problem. the ying of revenue, we understand. i think there is a very good pro-growth way of putting that place, so you are getting revenues from people like me and other
boehner seemed to be saying i am going to close loopholes and use the revenue. not just growth, but use the re-knew from closing the loopholes to cut the deficit. are you accepting that or not? >> i think that is the formul formula. that is the way we reach agreement. you can close the loophole -- >> chris: it's not the growth. taking the money, tax expenditures through the loopholes and giving, using it as a deficit savings. >> as long as you close the loopholes and limit the...
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Nov 9, 2012
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that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each side could have held ground and gone to negotiations without having concedeed anything. boehner has been speaking about revenues and obama has implying he could drop the rates issue to make it revenue
that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax...
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Nov 10, 2012
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boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and presi they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has to an olive branch? >> he's passed a bill maintaining the tax cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what
boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and presi they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has...
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>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office, you've got to get this economy growing. it's an anemic economy. you're not going to grow it by raising taxes on any job creators. if you try raise it on high income earners, you're raising taxes on small businesses. that means his presidency is going to go down as a failure. i think he's smarter t
>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also...
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Nov 9, 2012
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boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you raising taxes on people under $1 million. we know it hurts his constituency. the they said raising taxes in a recession or down economy is not the good thing to do a year ago, it's not good to do now either. >> dana: bob, if you are in a position of leadership at the white house, do you think it's smart for president obama to lay out a plan like simpson-bowles or call it something else if he wants to and because he knows he can't get a tax increase at the level he is talking about through the house and maybe not even the senate, shouldn't he just then ask for something that bane could deliver? >> bob: first of all, let's -- the
boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you raising taxes on people under $1 million. we...
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Nov 16, 2012
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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earlier this week house speaker john boehner offered his position. this afternoon it was the president's turn. they have got some ground to cover to get a deal done. the white house says americans voted tuesday for tax increases on the wealthy. boehner says he is open to more revenue from taxpayers if it's part of an overhaul to the entire tax code. there are way to get this done. it's likely going to take weeks of high level negligencations and they begin at the white white house next w, harris. >> harris: what is this doing to the markets our 401(k)'s? >> u.s. markets just wrapped worst week since june. much of it because of concerns about the fiscal cliff. it takes half a trillion dollars out of the economy next year alone through spending cuts and tax increases. analysts say it would likely lead to another recession. today, the major indices managed only slight gain. the dow jones industrial average rose 4. the nasdaq settled up 9. the s&p increased 2. all three dropped at least 2% for the week. harris? >> harris: rich edson, thank you very much.
earlier this week house speaker john boehner offered his position. this afternoon it was the president's turn. they have got some ground to cover to get a deal done. the white house says americans voted tuesday for tax increases on the wealthy. boehner says he is open to more revenue from taxpayers if it's part of an overhaul to the entire tax code. there are way to get this done. it's likely going to take weeks of high level negligencations and they begin at the white white house next w,...
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. >> laura: in the unresolved problem segment tonight, the danger of moving to the middle. that's the subject of this evening's talking points memo. i received a call today from a reporter asking me if mitt romney lost because of talk radio and the tea party. and whether the g.o.p. had to soften its views to appeal to women
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. seems they haven't been moving much lately. but things are starting to turn around because...
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Dec 14, 2012
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boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two years, that is going to vote for a tax increase. how would they get through a primary? >> bob: they will vote on cutting taxes on everybody but the 2%. that is politically sellable. >> dana: no. extending the bush tax cuts for everybody. it's not obama's tax cuts. >> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will they get -- >> dana: i see what he is saying. it's like when you reduce the rate of growth, you get credit for saying that you cut spending. it's a game. it's a word game. >> bob: keep in mind,
boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two...
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. do you toss and turn? wake up with back pain? if so, call us now. you'll learn how the sleep number bed helps relieve back pain by allowing you to adjust the firmness and support to conform to your body for a more proper spinal alignment. just look at this research... ® 93% of participants experienced back-pain relief. plus it's a great value because it costs about the same an innerspring yet lasts twice as long. so if you want to sleep better or find relief for your bad back, call now. call the number on your screen for your free information kit with dvd brochure and price list. call now and we'll include a free $50 savings card. call now for your free information and this free $50 savings card. call now! >> laura: in the unresolved problem segment tonight, the danger of moving to
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. do you toss and turn? wake up with back pain? if so, call us now. you'll learn how the sleep number bed helps relieve back pain by allowing you to adjust the firmness and support to conform to your body for a more proper...
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Nov 15, 2012
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boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of higher tax re-knew to spending cuts, some conservatives are demanding the only increase revenue come from the expanded economic growth. there is little prospect of that enough to avoid the cliff. meanwhile, senator coburn is calling for democrats cut and democrats to find savings in medicare and medicaid. the oklahoma republican admits it's normal for each party to protect the sacred cows. >> i think that is normal. beare not in normal times. >> senator coburn says the pentagon needs to stop being what he calls department of everything. he says the savings wouldn't be huge. $6 billion a year but there was a time when it was
boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of...
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boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really be a slam-dunk for obama. the danger we face in terms of no deal happening you are hearing voices on the left say to obama. no, hold out for a better deal. we're on top here. that could end up playing any kind of negotiations because you may have democrats decide we're going to hold out for more and overplaying their hand. >> gregg: biggest driver is entitlements. what are the chances that those programs could actually be reformed with some fairly simple alations. raising the retirement age. young people in their 20s. medicare choice and com
boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really...
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 10, 2012
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ me it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >> laura: in the unresolved problem segment tonight, the danger of moving to the middle. that's the subject of this evening's talking points memo. i received a call today from a reporter asking me if mitt romney lost because of talk radio and the tea party. and whether the g.o.p. had to soften its views to appeal to women and
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to...
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Nov 15, 2012
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i get it i will get my mind right because i'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the body snatchers. go dead eye so they don't get hassled? that's me, man. [ laughter ] i got my -- i got my own thoughts when i'm out on the sidewalk dodging the sea pods. you are going to see this look. all right? that's exactly what you are going to see. billy, you think is a glitch. i think is a sea change. i don't think this comes back during my lifetime. i do think it comes back in the same way an alcoholic who has a brush with mortality will eventually come back. somebody will have a stroke or somebody will almost croak from alcohol will poisoning fiscally but maybe then we pull it back. this th
i get it i will get my mind right because i'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the...
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Nov 13, 2012
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. >> and do you agree with me boehner and the republicans need to hold the line? >> i'm in favor of one that will have more revenue by economic growth. >> open up drilling. wouldn't cost the taxpayer a dime. thanks for being with us. coming up, an actress that dared to announce she was voting for mitt romney and paul ryan. she joins us next. and dave gutfeld debuts his new book, the joy of hate. straight ahead. it'that time of. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. citi price rewind. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. >> no secret the left loaning hollywood machine and the l
. >> and do you agree with me boehner and the republicans need to hold the line? >> i'm in favor of one that will have more revenue by economic growth. >> open up drilling. wouldn't cost the taxpayer a dime. thanks for being with us. coming up, an actress that dared to announce she was voting for mitt romney and paul ryan. she joins us next. and dave gutfeld debuts his new book, the joy of hate. straight ahead. it'that time of. time for cii price rewind. because your daughter...
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Nov 18, 2012
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. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are going to have to -- th
. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand...
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Nov 16, 2012
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 11, 2012
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boehner says the we can hope for a band-aid solution? >> the reason i said probably mid-february you are able for the month of january and half of february to hold off on some of these tax withdrawals you are able to do treasury department. in the first year of defense cuts only about 15% of what you actually appropriated is spent. it's paid out over four years. so you are able to get into the 1st of february february before real damage is gone. if you go into march, you will have a minimum negative g.d.p. growth and negative reduction. tony had another pointed there. bipartisan debt commission said two-thirds of this should be done by approximately spending cut entitlement reform because that is a large part of the budget but about one-third has to be done by tax revenues. they understand what a principle bipartisan compromise is needed must be done for the good of the american people. >> heather: i wanted to talk more about that. this is nonprofit partisan congressional budget office. they said the current national debt exceeds 70% of
boehner says the we can hope for a band-aid solution? >> the reason i said probably mid-february you are able for the month of january and half of february to hold off on some of these tax withdrawals you are able to do treasury department. in the first year of defense cuts only about 15% of what you actually appropriated is spent. it's paid out over four years. so you are able to get into the 1st of february february before real damage is gone. if you go into march, you will have a...
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Nov 13, 2012
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speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling th
speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street...
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Nov 9, 2012
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speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising rates would you say yes or month? >>guest: there is enough money there to make it renew neutral but we have to raise money from the upper income people. >>neil: and the only way did do it in your eyes is to raise the rates? >>guest: we have to really see what he is talking about because they get a lot of preferential treatment in the tax code. >>neil: you could do it? >>guest: it is possible to do that if you cut out all the prefer usual treatment they are getting. that is not going to be easy. everyone wants tax cuts and get rid of loopholes. >>n
speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising...
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Nov 19, 2012
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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Nov 13, 2012
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boehner and republicans need to hold the line? >> yes. but i'm in favor of tax reform that will generate more tax revenue by economic growth. >> and karl rove, thanks for joining us. coming up next, actress melissa joan hart felt the wrath of the country life she dared to announce she was voting for mitt rom fee. and greg gutfeld debuts his new book, straight ahead. [ male announcer ] they're here! the hottest new machines of 2013, just in time for the polaris holiday sales event. get financing as low as 2.99% and side-by-sides including the new twenty-thirteens. plus rebates up to one thousand dollars on select twenty-twelves. incredible deals on... legendary sportsman... powerful rangers... and razor sharp razors. financing as low as 2.99% and rebates up to one thousand dollars ends december 31st. get all the detas at polaris.com. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price.
boehner and republicans need to hold the line? >> yes. but i'm in favor of tax reform that will generate more tax revenue by economic growth. >> and karl rove, thanks for joining us. coming up next, actress melissa joan hart felt the wrath of the country life she dared to announce she was voting for mitt rom fee. and greg gutfeld debuts his new book, straight ahead. [ male announcer ] they're here! the hottest new machines of 2013, just in time for the polaris holiday sales event....
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Nov 12, 2012
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john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon: this event that the president had last friday at the white house to a lot of people looked a lot like a campaign event. they was surrounded by people who were described as middle class americans who had voted for him and stakeholders who want to see his particular plans forwarded. there were no questions from the press. it looked a lot like a campaign event. brad, this is part of what the president had so say. he said on tuesday voters said loud and clear on tuesday they won't tolerate politicians who use compromise as a dirty word. cooperation, consensus. is the presid
john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon:...
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Nov 16, 2012
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seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a different way than the president. jim angle tonight on their alternative. >> president obama wants to take money from wealthy taxpayers, republicans say they're willing to raise revenues, but not tax rates. and that leaves ample middle ground that could satisfy both, putting a cap on the amount of deductions any one person could claim, such as $50,000. >> that means the maximum number of deductions you can take is $50,000, you can take it for anything you want, but you can't take more than 50,000. >> the tax policy
seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high...
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Nov 12, 2012
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boehner rejects the idea of letting the bush administration upper income tax cut expire. >> instead of raising tax rates on american people and accepting the damage it will do to the economy, let's start to solve the problem. >> focus on tax reform to closeer the loopholes and lower tax rate. >> tax reform in seven weeks before the end of the year is a tall if not impossible task. some lawmakers want to buy time. others don't believe lowering tax rate raises revenue. >> fairly tell. we need the republicans to do in 2012 what we did in 2010. we hear the mandate. continue to cut spending. they have to hear the mandate. >> the players haven't changed but instead of huddling around the table in the cabinet room as he and congressional leaders did in failed negotiation last year, the president may hold series of post thig rally to lock in the bush administration middle income tax rate, that conservative commentator bill crystal suggests is a no-brainer. >> it won't hurt the country if we raises a little bit on millionaires. it won't. >> why would they fall on the sword for millionaires half
boehner rejects the idea of letting the bush administration upper income tax cut expire. >> instead of raising tax rates on american people and accepting the damage it will do to the economy, let's start to solve the problem. >> focus on tax reform to closeer the loopholes and lower tax rate. >> tax reform in seven weeks before the end of the year is a tall if not impossible task. some lawmakers want to buy time. others don't believe lowering tax rate raises revenue. >>...
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Nov 10, 2012
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. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of republicans, throughout the country, as well as independent economists and budget experts. that's how you reduce the deficit. a balanced approach. so our job is to get a majority in congress to reflect the will of the american people. >> joining me with reaction are the author of who is the f
. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not...
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Nov 11, 2012
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john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their production, not raise them. >> mike: john, we're not going over this cliff, ar
john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring,...
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Nov 17, 2012
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speaker boehner has said he's open to raising revenue. he has not told us or the american public exactly how he would do it. so i do think it would be useful if he would spell it out, then we would have two clear proposals on the table to compare. >> well, it's going to be a long negotiation, it seems, tough negotiation to work things through. but i know a lot of people are hopeful that a deal comes through before the amendment of the year, sir. >> yes, indeed. again, the model, the framework should be the kind of framework that bipartisan groups have come up with in the past in terms of a mix of cuts and again, we did a trillion dollars in cuts last year, but also revenue. that's the kind of balanced approach we need to take. >> allallall right. thank you for joining us. we appreciate it. >> thank you. >> friday former c.i.a. director david petraeus testified hyped closed doors on capitol hill. for some his testimony about the september 11 benghazi attack raises more questions than it answers. we'll ask two congressmen about that in a fa
speaker boehner has said he's open to raising revenue. he has not told us or the american public exactly how he would do it. so i do think it would be useful if he would spell it out, then we would have two clear proposals on the table to compare. >> well, it's going to be a long negotiation, it seems, tough negotiation to work things through. but i know a lot of people are hopeful that a deal comes through before the amendment of the year, sir. >> yes, indeed. again, the model, the...
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Nov 15, 2012
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 18, 2012
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. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s fault if this deal falls apart. why that? the democrats and the president himself have done an effective job of essentially trashing republicans saying that this whole, the reason that there's a, you know, there isn't a deal in the first place, because it's their fault and that's not true. it's both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and that's going to happen and another tri
. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s...
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which means john boehner will remain speaker. chief congressional correspondent mike emanuel tonight on the agendas of the respective leaders. >> fresh off the election that guarantees republicans will retain control of the house of representatives, speaker john boehner made clear his numbers are not going to abandon the principles. >> we don't sol t problem of the fiscal imbalance overnight and we certainly won't do in a lame duck session of congress. it won't beed simply by raising taxes or taking a plunge off the fiscal cliff. >> congress' ability to get things done will be tested soon after the election when the fiscal cliff and massive trillions of dollars in tax increases spending cut ace rive at the end of the year. on that pressing matter, they called for grounds to fix it. >> if there is a mandate for us to find way to work together for solutions of the challenges we face as a nation. >> members are told the president's plan has been we should send the economy off part of the fiscal cliff raising the tax rates. or send t
which means john boehner will remain speaker. chief congressional correspondent mike emanuel tonight on the agendas of the respective leaders. >> fresh off the election that guarantees republicans will retain control of the house of representatives, speaker john boehner made clear his numbers are not going to abandon the principles. >> we don't sol t problem of the fiscal imbalance overnight and we certainly won't do in a lame duck session of congress. it won't beed simply by...
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Nov 12, 2012
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in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >> mr. boehner said one thing he's not willing to give up on is maintaining the 35 percent top rate. obama wants 39.6 percent. it is rather significant increase. the obama care tax increase. he takes the tax rate on half of all maul - on small business fall in the higher tax rate of 44 percent and up from 35 percent that. is a body blow to small businesses . obama doesn't care. they are not unionized and don't help him out. we have to protect that part of the country and focus
in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do...
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it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of i
it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive...
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Nov 13, 2012
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they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper income tax cuts. kristol ask why should republicans fall on swords for a bunch of millionaires who half of them live in hollywood and vote democratic anyway. two states have responded to make it legal to smoke marijuana and get high. world leaders have questions. for starters is it time to change drug policies. voters in colora
they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news...